NYX Gaming Group announces annual revenues

Monday, May 30, 2016 11:19

Following Net Entertainment’s superb annual results, the NYX Gaming Group has released its financial figures for the full year 2015.

Overall the revenue increased to $52.3m and the gross profits improved while the gross margin percentage saw a slight decline from 85.6% to 88.3%.

These figures paint a positive picture of NYX’s financial health and can be reasonably assumed to have influenced NYX’s decision to purchase OpenBet for £270m.

In July 2015, NYX bought Amaya(Alberta) Inc. and CryptoLogic Limited. At the time, NYX announced that it expected to raise $3.0 to $5.0 million in revenue through these synergies, within the first twelve months. In an official statement, NYX reaffirms that it is confident that they will “realise the full revenue synergies as previously announced.”

Amaya(Alberta) Inc. is the brand behind the popular brands PokerStars and Full Tilt Poker.